Oil Price Prediction Update (Aug 3, 2020)
Update Summary (Aug 3, 2020) Target ICE Brent (Oct): 42.0 $/B Opening price: 43.63 $/B Disparity: 3.75% Trading direction: SELL
We have developed an oil trading model based on real-time shipping data. We quantify the amount of oil being pumped out to ocean and absorbed to its destined ports. Our data is to be updated around 06:00-09:00 AM GMT each business day. We aim to expand our model to other financial assets by connecting 400+ thousands vessels into a complex neural network. We basically will make the Earth itself into one giant artificial intelligence.